NZ dollar falls as upbeat US jobs figures, Fed minutes fuel optimism on American recovery

NZ dollar falls as upbeat US jobs figures, Fed minutes fuel optimism on American recovery
By Paul McBeth Jan. 9 (BusinessDesk) - The New Zealand dollar fell after better than US jobs figures and minutes to the last Federal Reserve policy meeting stoked optimism over the recovery in the world’s biggest economy, and fuelled expectations the US central bank may withdraw stimulus faster than anticipated. The kiwi fell to 82.54 US cents at 5pm in Wellington from 82.86 cents at 8am and 82.88 cents yesterday. The trade-weighted index declined to 78.29 from 78.50 yesterday. The ADP private payrolls report showed US employers added 238...